As of today, Devon Energy Corp's share price is $61.69. Devon Energy Corp's Book Value per Share for the quarter that ended in Sep. 2014 was $54.22. Hence, Devon Energy Corp's P/B Ratio of today is 1.14.

DVN'
s 10-Year P/B Ratio Range
Min: 0.96 Max: 2.41
Current: 1.1

0.96

2.41

During the past 13 years, Devon Energy Corp's highest P/B Ratio was 2.41. The lowest was 0.96. And the median was 1.59.

During the past 12 months, Devon Energy Corp's average Book Value Per Share Growth Rate was 6.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 7.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Devon Energy Corp was 33.80% per year. The lowest was -4.00% per year. And the median was 11.30% per year.

The Price-to-Book Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

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